Case analysis From the analysis we built, there are several items that can be hired as accounting principle breach: A) Overstatement of Assets Assets Selling: Parmalat marketed firms to private choices and visitors to re-buy it later within a fake procedure, as the cash came from different offshore entities just to create liquidity in the books; due to that, they will could keep giving bonds to protect their debt Accountable Receivables recognition: Twice billing the Italian grocery stores and other retail customers Imitation bank accounts: false document have already been created to demonstrate the existence of в‚¬ 3, being unfaithful Bn funds at Financial institution of America. Again, with more liquidity, more readily got...